X

Family Business

By Professor K Kumar, Professor Dalhia Mani   |   Indian Institute of Management Bangalore
Learners enrolled: 1101
Family Businesses are a dominant form of business across the globe and play a crucial role in the economic growth of a nation. However, managing a family business comes with its own unique set of challenges owing to the overlap of family emotions and business aspirations. While the strong hold of family members over the business may dampen the spirit of other members in management, the complex structure of the business evokes a negative public perception in general.

Hence, managing family businesses requires a careful, considerate, tactful approach to maintain peaceful harmony among all the stakeholders. This course brings together the insights from experienced family business practitioners, professional managers, and researchers to address the challenges of family businesses in a pragmatic manner.

This course is open to family business owners, soon-to-be owners (successors of a business), professional managers, and any inquisitive learner interested in family businesses.
Summary
Course Status : Completed
Course Type : Core
Language for course content : English
Duration : 6 weeks
Category :
  • Management Studies
Level : Postgraduate
Start Date : 29 Jan 2024
End Date : 30 Apr 2024
Enrollment Ends : 29 Feb 2024
Exam Date :

Page Visits



Course layout

Module 0 : Welcome to the course
Module 1 : Understanding Family Firms
Module 2 : Strategic Management of Family Firms
Module 3 : Governance in Family Firms
Module 4 : Succession Planning in Family Firms
Module 5 : Conflict Management and Resolution

Click here for syllabus

Books and references

Managing the Family Business: Theory and Practice by Thomas Zellweger

Instructor bio

Professor K Kumar

Indian Institute of Management Bangalore


Professor of Entrepreneurship - IIM Bangaore
Prof. K Kumar is a faculty at IIM Bangalore. Before starting his teaching career at IIM Bangalore in 2001, he gained first-hand experience of being an entrepreneur by founding three companies. He has also held positions of CEO, President, and Management Consultant in various reputed organizations. Prof Kumar is an alum of IIM Bangalore, 1981 Batch.


Professor Dalhia Mani


Professor of Entrepreneurship - IIM Bangaore
Prof. Dalhia Mani teaches Entrepreneurship at IIM Bangalore. Dalhia’s research focuses on the networks of ownership ties between firms. She studies the extent to which patterns of ownership ties between firms lead to positive outcomes such as increased firm performance and innovation, and negative outcomes such as tax sheltering and tunnelling. At a more micro-level, she studies how individuals interact, and utilize their networks in complex and uncertain situations. She did her PhD from the University of Minnesota in 2010, and then served as an Assistant Professor in HEC Paris, France until 2016. 

Course certificate

Given that this is a non-credit course, it is important to note that there will be no final examination. Consequently, learners will not receive a certificate upon completion of the course. This structure aligns with the academic nature of the program, emphasizing the absence of a formal assessment and certification process for non-credit courses.


MHRD logo Swayam logo

DOWNLOAD APP

Goto google play store

FOLLOW US